by AIP Online Bureau | Feb 28, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
”So far, the startup founders have largely used VC from abroad for funding. The government would prefer that they use other avenues for funding including the offshore financing framework that we set up in GIFT City,” Rajesh Kumar Singh, the secretary of...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
As many as 26,28,865 companies were registered in the country as on January 31, 2024, and out of the total, 16,65,438 companies, or 63 per cent were active, as per the latest official data New Delhi: The matters related to KYC (Know Your Customer), including a...
by AIP Online Bureau | Feb 25, 2024 | Data, Eco/Invest/Demography
Household Consumption Expenditure Survey estimates average rural consumer spending rose to Rs 3,773 ($45.54) a month per person for the 12 months through July from Rs 1,430 in the previous survey in 2011-2012, while urban spending rose to Rs 6,459 ($77.95) from Rs...
by AIP Online Bureau | Feb 16, 2024 | Indian News, Intermediaries, Policy, Regulation, Technology
The sole objective of Trai DLT(Distributed Ledger Technology) regulations is to bring transparency to the system, counter the menace of SMS spam and protect consumers from fraudulent practices New Delhi: The government on Thursday said it has formed a committee to...
by AIP Online Bureau | Feb 9, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The exporting community has urged the commerce ministry to intervene in freight rates as the shippers are charging huge amounts.High freight rates are impacting the exporting community. We are at dis-advantageous position as compared to countries which are not getting...
